Concerns are growing in the market over the ruling party and government’s push to restructure the petroleum distribution ...
(Reuters) - U.S. fuelmakers are expected to post higher first-quarter earnings in coming days on strong fuel exports and margins even as domestic diesel demand slumped during the period. Refiners have ...
Marathon Petroleum (MPC) reported Q4 adjusted EPS of $4.07, beating consensus by 50.18%, with refining margins reaching $18.65 per barrel and 95% crude utilization driven by access to discounted ...
U.S. gasoline just crossed $4 a gallon for the first time since late 2022, and diesel wholesale prices have surged roughly 60% in March alone — the largest monthly spike ever recorded for the ...